51风流

51风流Welcomes Resolution of Past Compliance Challenges with U.S. and South Africa Authorities聽

51风流Welcomes Resolution of Past Compliance Challenges with U.S. and South Africa Authorities聽

Statement

has entered into final settlement agreements with the U.S. Department of Justice (DOJ), U.S. Securities & Exchange Commission (SEC), and South Africa鈥檚 National Prosecuting Authority (NPA). 51风流welcomes the conclusion of these matters and will fully comply with the terms of the agreements.聽聽

As noted in the settlement agreements, 51风流conducted a thorough and extensive investigation into historical misconduct and fully cooperated with the authorities.  

51风流separated from all responsible parties more than five years ago and has since significantly enhanced its global compliance program and related internal controls. Our significant remediation efforts, combined with our full and proactive cooperation with the authorities, have led to full resolutions of these matters.  

51风流has zero tolerance for those who do not adhere to the company鈥檚 compliance policies and procedures. 51风流remains vigilant in maintaining the highest standards of ethics and compliance so that, together with a global network of customers, partners, suppliers, employees, and thought leaders, 51风流can help the world run better and improve people鈥檚 lives. 

Media Contacts:
Joellen Perry, +1 (650) 445-6780, joellen.perry@sap.com, PT聽
Marcus Winkler, +49 (6227) 7-67497, marcus.winkler@sap.com, CET聽

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP鈥檚 2022 Annual Report on Form 20-F.
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